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Bassett Furn has the Lowest Return on Equity in the Home Furnishings Industry (BSET, ETH, FLXS, LZB, HOFT)

By David Diaz

Below are the three companies in the Home Furnishings industry with the lowest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.

Bassett Furn ranks lowest with a ROE of 779.5%. Ethan Allen is next with a ROE of 911.9%. Flexsteel Inds ranks third lowest with a ROE of 920.9%.

La-Z-Boy Inc follows with a ROE of 1,280.4%, and Hooker Furniture rounds out the bottom five with a ROE of 1,336.5%.

SmarTrend recommended that its subscribers protect gains by selling shares of Bassett Furn on January 5th, 2018 by issuing a Downtrend alert when the shares were trading at $35.95. Since that call, shares of Bassett Furn have fallen 38.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest return on equity bassett furn ethan allen flexsteel inds la-z-boy inc hooker furniture

Ticker(s): BSET ETH FLXS LZB HOFT